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Mmastodon BusinessBanking first seen 1 d ago, last 44 min ago, peak #2

Warren presses NCUA watchdog over leadership gap

Original: Warren presses NCUA OIG over empty board The National Credit Union Administration didn’t have a single board member betw

The National Credit Union Administration operated with no board members at all from August 10 to 24, after departures left the regulator without confirmed leadership. Senator Elizabeth Warren is pressing the agency's Inspector General to explain who was in charge during the gap and how oversight continued without any board in place.

Why now: A major US financial regulator running for two weeks with no board raises accountability concerns as Warren seeks answers

Elizabeth WarrenNational Credit Union AdministrationNCUA Office of the Inspector General

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